Funds management (31 - 40 of 55 items)
House Contingent Fund
AFMD-92-41R: Published: Jan 30, 1992. Publicly Released: Jan 30, 1992.
In response to a congressional request, GAO provided information on the House of Representatives' contingent fund. GAO noted that: (1) if the House used the contingent fund to fund a proposed task force to investigate allegations concerning the holding of American hostages in Iran in 1980, steps could be taken to ensure that sufficient funds were available by administratively ensuring sufficient f...
Comments on Panama Canal Revolving Fund Act
B-204078.2: Published: May 6, 1988. Publicly Released: May 6, 1988.
GAO commented on the Panama Canal Revolving Fund Act and the Department of Transportation and Related Agencies Appropriations Act, 1988. GAO determined that: (1) creation of the revolving fund eliminated the need for annual appropriations to the Panama Canal Commission; (2) there were no inconsistencies between the two acts' restrictions concerning authorization and use of funds; (3) the Panama Ca...
Social Security: The Notch Issue
HRD-88-62: Published: Mar 24, 1988. Publicly Released: Mar 24, 1988.
Pursuant to a congressional request, GAO reviewed the disparity of social security benefits, known as the notch, between classes of recipients, resulting from the Social Security Amendments of 1977, specifically: (1) how the notch arose; (2) its effect on beneficiaries; (3) the financial implications of some proposed notch legislation; and (4) the socioeconomic characteristics of affected social s...
Comments on Saint Lawrence Seaway Development Corporation Use of Appropriated Funds
B-217578: Published: Oct 16, 1986. Publicly Released: Oct 16, 1986.
The Chief Counsel of the Saint Lawrence Seaway Development Corporation asserted that, because the agency did not receive funds appropriated annually from Congress, it did not receive appropriated funds. GAO has taken the position that the Corporation is subject only to restrictions on its use of appropriations that can be directly implied from its enabling legislation, that are included in appropr...
Panama Canal: Establishment of Commission To Study Sea-Level Canal and Alternatives
NSIAD-86-97BR: Published: Apr 29, 1986. Publicly Released: May 29, 1986.
In response to a congressional request, GAO reported on the establishment of a trilateral commission consisting of the United States, Panama, and Japan to study alternatives to the existing Panama Canal.GAO found that the proposed study, which will examine transportation alternatives in addition to the feasibility of a sea-level canal in Panama, will discharge a 1977 treaty obligation to conduct a...
Functional Regulation: An Analysis of Two Types of Pooled Investment Funds
GGD-86-63: Published: May 12, 1986. Publicly Released: May 12, 1986.
GAO examined the implications and considerations associated with subjecting similar financial products and services to similar regulatory treatment, specifically mutual funds and bank-sponsored collective investment funds. This would allegedly result in eliminating the competitive advantage in the marketplace that one type of fund may have over the other. GAO developed two scenarios that could lea...
The Judiciary: Stronger Financial Internal Controls Needed Over Court Resources
GGD-86-45: Published: Apr 29, 1986. Publicly Released: Apr 29, 1986.
GAO performed a general risk assessment of selected financial operations of the Administrative Office of the U.S. Courts to: (1) identify the strengths and weaknesses in its internal controls; and (2) assess the risk of waste, loss, or misuse of funds and property.GAO found that, although the Administrative Office (AO) and the courts have taken several positive actions to improve internal controls...
Improved Management Processes Would Enhance Justice's Operations
GGD-86-12: Published: Mar 14, 1986. Publicly Released: Mar 14, 1986.
GAO reviewed the Department of Justice's management structure and management support systems to assess how departmentwide management support functions assist the Attorney General in directing and overseeing Justice's operations.GAO found that Justice needs: (1) an institutional process for developing long-range departmental goals to guide its program planning and budgeting decisions; (2) an establ...
Financial Aspects of the Maritime Administration's Title XI Federal Ship Financing Fund
127254: Jun 25, 1985
Pursuant to a congressional request, GAO discussed on the Maritime Administration's Title XI Federal Ship Financing Fund and summarized its financial aspects. The Federal Ship Financing Program was created to encourage construction of vessels through loan guarantees and had outstanding guarantees and commitments of $6.8 billion in May 1985. Since its conception, the program has grown rapidly and r...
Transfer of Interest of U.S. Investment in the Panama Canal
AFMD-85-63: Published: Jun 19, 1985. Publicly Released: Jun 19, 1985.
Pursuant to a congressional request, GAO reviewed the cash flow requirements of the Panama Canal Commission to determine the most appropriate repayment schedule for interest earned on the U.S. Government's investment in the Panama Canal.GAO noted that legislative history indicates that the Commission should transfer interest collections to the general fund of the U.S. Treasury, which would: (1) re...